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REASONS Humbly Offer'd To the Honourable the Commons of England Assem∣bled in Parliament, shewing the great Loss that Accrues to their Majesties in their Revenue, and their Subjects both at Home and in their Planta∣tions Abroad, by the African Company's Ingrossing the Sole Trade of Africa, confining it to the Narrow Joynt Stock of little more than One Hundred Thousand Pounds, excluding all other their Majesty's Subjects both at Home and Abroad, to their Great Detriment and Threatned Ruine.
I. FIrst, their Majesty's Island of Jamaica being very large, and not a Twentieth Part Planted, requires a greater Supply of Negroes, than the African Com∣pany have furnished them with, and for those they bring they exact exor∣bitant and intollerable Rates, which tends to the Ruine of the Inhabitants and Planters of the said Island.
II. It was once agreed before the King and Council, towards the latter end of King Charles the Second, That the Company should furnish the Island of Jamaica with Three Thousand Negroes per Annum at 17 l. 2 s. 6 d. per Head; which, as we are informed, was in pursuance to what they were oblig'd upon obtaining their Char∣ter, though particular Merchants offer'd at the same time to do it for 14 l.; but the King being desirous to please the Company, obliged the People to agree with the said Company at 17 l. 2 s. 6 d; though presently after, and ever since they were abused in Both; for they had not from the Company the Quantities promi∣sed, and the Company exacted what Rates they pleased, even to 22 l; and since to greater Prices; and they have 10 per Cent per Annum Interest after six Months, for all that do not pay in their time.
III. Hereby the Increase of Their Majesties Revenue is extraordinarily obstructed, since if the Planters were supply'd with Negroes suitable to their occasions, whereas they now produce one Tun of Sugar, they would make four Tuns; and Indigo, Cotton Wool, Ginger, &c. in proportion, and each Tunn or four Hogsheads of Sugar, pays Their Majesties for Duty 6 l.
IV. Sugar, Indigo, Cotton-Wool, &c. being produced by the strength of Negroes, if the Island be slenderly supplied, or at dear Rates (which must be expected when none sells but the Company) then will the said Comodities cost so dear that England cannot hold the Market with the French, Dutch, and Portuguese.
V. Other Foreign Nations may Trade freely on the Coast of Africa, as Brandenburg∣hers, Danes, French, Portuguese, &c. but if English-Men (not of the Company) be there getting Negroes or Gold in Exchange for our Woollen Manufactures, the Com∣pany have heretofore procured Men of War, and have given Commissions to their own Ships to Seize upon, bring into Port, Condemn and Sell their Ships and Goods to the Company's Use.
VI. Since the Trade of Africa hath been manag'd by this Company, and confin'd to the narrow Joint-Stock of 100000 l. there is but one Buyer of such of our Woollen Manu∣factures of Says, Perpetuanoes, Cloth, &c. as are exported to those vast Countries, to the great damage of the Makers thereof in particular, and of the Nation in general.